A roundup of daily robo advice news.
Robo-advice and fintech is creaping into university curricula. Aussie robo-advisor has ranked and rated Australia's ETFs.
FINTECH AND ROBO-ADVICE TO BE TAUGHT AT UNIVERSITIES
Prestigious American universities will start offering courses in fintech and robo-advice in response to growing demand from students.
Leading business schools - including Stanford, NYU and Georgetown - have started to incorporate fintech courses into their MBA syllabuses.
Creating syllabuses has proved difficult as fintech is a new and evolving field and difficult to define.
The move signals both the power of students in shaping curriculums, as well as Wall St’s continuing appeal to top university graduates.
Read more at Reuters.
AUSTRALIA’S TOP ROBO-ADVISOR LINES UP AUSSIE ETFs
Australian robo-advisor Stockspot has published its annual survey of the Australian passive investment universe, rating all of the 155 ETFs on the Australian stock exchange.
Only 36 earned four or more stars; 37 were given one star or fewer. A two-thirds majority were given two stars or three.
ETFs were judged on their year-to-date liquidity; their bid-ask spread; performance; and management fees.
Like elsewhere the Australian ETF market is booming and has expanded 28 percent the past year.
The top rated ETFs track simple indices such as the S&P 500, ASX 200 as well as property indexes.
Read the full report.